Friday, October 31, 2014

Former Goldman Sachs guru, Charles Nenner says the risk / reward in US equities is nil

China and Japan are both building huge arsenals in advance of a possible showdown over island territory; billions of dollars will flow from Japan's $3 trillion pension reservoir directly into the precious metals sector, in search of a safe haven.

Key takeaway: Gold and silver represent a rare opportunity to profit from the commodities bear market; his cycles work indicates a likely bottom in the precious metals sector with a target price of $2,100 for gold.

History is replete with numerous examples of golden opportunities during deflationary times.

Key takeaway: expect a massive stock market correction between 2018-2020, much worse than 2008 due in part to greater speculation / valuations than six years ago.

•Global currencies are rapidly declining in purchasing power. •An overview of the secrets behind the international banking system, follows. •The greenback will be replaced by a North American currency, modeled after the Euro, termed the Amero (American-Euro). •Contingency plans are required to survive and prosper, including gold and silver assets, as well as basic necessities as paper money reaches it's intrinsic value: $0, as foretold by Voltaire 300 years earlier.•Although gold investors will survive the impending economic maelstrom, most of society will be forced into financial bondage.

Christopher Duane Summary:

• Expect a US dollar default - the demise of the entire economic edifice is imminent. • The PTB are aware that the global economic system is imploding, as evidenced by bail-in legislation added to virtually every nation. •A European financial regulator forced the end of the 117 year silver price fix, yet another nail in the coffin of precious metals market manipulation and another reason to dollar cost average into silver bullion, Christopher's favorite metal.

Friday, October 03, 2014

Bill Murphy lives near Ebola ground zero, only 3-4 miles away from the first domestic case of Ebola.

The virus incubation period is not widely known, one source indicates that 21 days after exposure are required before symptoms emerge, making containment a challenging affair and the threat of a pandemic more probable.

Although solid US sanitation / health care facilities could limit the extent of the potential epidemic, the 50%-70% death rate combined with warnings from the UN of potential airborne transmission warrants close monitoring.

Liberia has reported 13% inflation, and empty grocery shelves due to panic - the economy is in shambles; citizens are afraid to shop, travel or even commute to work in some cases.

Gold and commodities would be flying skyward were it not for the coordinated efforts of global central bankers.

Bob anticipates an advantageous buying opportunity for precious metals investors in the next few weeks.

Gold aficionados can discount dollar strength, using the precedent set in the 1970's, where gold equities ascended despite dollar appreciation

The economic recovery was merely smoke and mirrors; as the fact becomes more widely disseminated, capital will flow from paper assets directly into gold and silver, nurturing and fostering the most exciting phase of the bull market.